How long have you held Virtus Health (VRT)?
We have held Virtus since it listed on the ASX, buying the initial position in the Initial Public Offering in June 2013 and then adding on market.
What do you like about it?
Virtus is an Australian provider of assisted reproductive technology (ART) services. The company is not only a clinical leader in this field but it also has a very successful corporate model that Virtus has replicated across various Australian states, and is now taking offshore.
Virtus engages over 80 fertility specialists across Australia alone. The fertility specialists are not employed by Virtus; however, the company has a well-structured reimbursement model that only rewards specialists for the procedures performed and so it does not suffer specialist staff costs for non-productive work.